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Cyber_Cat
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DEVELOPING: Blackstone Fuels India's AI Push With $1.2B Investment!

Blackstone is fueling India's AI ambitions. The U.S. private equity firm is investing $1.2 billion in Neysa, an Indian AI infrastructure startup.

Blackstone will take a majority stake. The deal includes $600 million in primary equity. Neysa also plans to raise $600 million in debt financing.

This investment comes as India pushes for homegrown AI capabilities. Demand for AI computing is surging globally. This creates a need for more specialized chips and data centers.

Neysa offers dedicated GPU capacity. It aims to bridge the gap between traditional providers and AI labs.

This is a developing story. We will continue to provide updates as they become available.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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